Tax Law News. Crime Stories, Law on News and Legal Publications in November, 2011

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Brookfield Office buys Four World Financial Center
CTV.caNovember 1, 2011

In a related development, Brookfield has a deal to lease 767000 square feet of office space at the World Financial Center in Lower Manhattan to Bank of America. "Renewing Bank of America/Merrill Lynch for a sizable amount of space at the World ...more »

Jury selection begins in Delgado trial
MyFox Tampa BayNovember 1, 2011

In a case like this, Criminal Defense Attorney Jeff Brown says the process could be lengthy. Brown is not involved in the Delgado trial. "It's really going to be difficult, one, to find people that will be willing to sit on a death case and impose ...more »

Tax Law News and Stories

Audit Defence
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CEO of Planned Parenthood Accused of Medicaid Fraud Retires
LifeNews.comNovember 4, 2011

Its 2010 IRS Form 990 indicates 2/3 of its service revenue comes from state and federal taxpayers,” she explains. “PPGC's corporate offices are housed in the United States' largest abortion clinic, located in Houston. Stanek also noted that one of the ...more »

Irs Filing & Compliance
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Shulman Says IRS Will Focus on 'High Risk' Return Preparers
BusinessWeekNovember 8, 2011

8 (Bloomberg) -- Internal Revenue Service Commissioner Douglas Shulman said the agency will place greater focus on return preparers it identifies as “high risk.” “Beginning soon, the IRS will send letters to tax return preparers who have been ...more »

Business Audit Defence
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ARNOLD: You don't get to choose which law to break
North County TimesNovember 2, 2011

Hiring illegal immigrants, of course, is against the law, and businesses that get busted are subject to huge fines. Just last month, Escondido Disposal Inc. fired about a quarter of its 200 employees after a federal immigration audit found they did not ...more »

Personal Irs Disputes
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Ex-HOA board member is ninth to enter plea deal in federal case
Las Vegas Review-JournalNovember 9, 2011

Lawyers from the Justice Department's fraud section in Washington, DC, plan to file as many as two dozen plea deals. Solomon and the other defendants who have pleaded guilty all have agreed to testify for prosecutors in their push to indict ...more »

Property Taxes
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DeKalb officials: Library land deal does not break law
Dekalb Daily ChronicleNovember 1, 2011

In a TIF, a local government freezes the tax base from properties within a defined area. Any new property taxes in that district – generally by an increase in property values since the year the TIF started – are diverted into a special fund set up for ...more »

Corporate Income Taxes
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Nicor Reports 2011 Preliminary Third Quarter Earnings and 2011 Annual Outlook
MarketWatch (press release)November 1, 2011

In addition, operating and maintenance expense reflected a net decrease of $13.8 million for amounts related to the revenue recognized under the bad debt rider, the energy efficiency rider and the franchise gas rider. Expense associated with these ...more »

Sales Tax & Use Tax
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Doing Business In California Means You Owe Taxes
ForbesNovember 7, 2011

See How Amazon's California Tax Romp Will Impact Us All. In less than a year—starting September 15, 2012—Amazon and other online retailers must collect California sales or use tax. Online sellers face mounting pressure to collect sales taxes across ...more »

Estate Taxes & Gift Taxes
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State Property Tax Law Change In MN
FOX 21 OnlineNovember 2, 2011

...tax credit, they're homesteading their home will see a significant hit from the state legislature,” said St. Louis County Commissioner Steve O'Neil. For more information about the states law change click on the featured links tab on our website.more »

Tax Evasion Defence
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Chinese dissident Ai Weiwei sent £840000 from supporters
Telegraph.co.ukNovember 14, 2011

The detention and subsequent claims of tax evasion have been interpreted by activists as a way to punish him for his outspoken criticism of the authoritarian government. Ai received 8.69 million yuan from supporters as of Sunday night, the artist said ...more »

International Taxation
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Break-Free Corporate Tax Code Falls Shy of Republican Rate Goal
BusinessWeekNovember 2, 2011

The analysis is being circulated one week after Ways and Means Chairman Dave Camp, a Michigan Republican, released the first slice of a proposed comprehensive rewrite of the US tax code. Democrats say the estimate reflects the difficult choices ...more »

Tax Planning
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Widen tax net, ZRA prodded
Times of ZambiaNovember 8, 2011

By Business Reporter THE Government has called for innovation in the Zambia Revenue Authority (ZRA) to get the informal business sector into the tax net to widen revenue collection. Finance and National Planning minister Alexander Chikwanda said the ...more »

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